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The Forum > General Discussion > Where to for Zali Steggal?

Where to for Zali Steggal?

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" We live in the best country in the world."

We almost didn't !
Posted by individual, Wednesday, 22 May 2019 11:22:37 PM
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Adani- Another issue about the scourge of foreign money. Yes the people want jobs but do they want the jobs to be provided by a foreign Indian company that will probably preference their own national ethnicity. I can understand that people that want to be able to put food on their tables may not be concerned with "strings attached". Naively many preach that this is not an invasion- we'll see.

I'm surprised that we can't find a home grown developer for the mine- it often seems to come down to the money being used as an excuse for "porous borders".
Posted by Canem Malum, Thursday, 23 May 2019 5:57:26 AM
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Another issue about the scourge of foreign money.
Canem Malum,
To be more precise, isn't it more a matter of some Australians' greed being the scourge that is coveting foreign money ?
I agree with you why don't our industrialists take the initiative ? Is it too much red tape, Green interference or simply a case of no soon enough profit ?
Australia is now at the doorstep of where it can become a model Nation for a sustainability based economy if the greed factor can be curbed. There is a chance of harnessing common sense & become more self-sufficient.
Posted by individual, Thursday, 23 May 2019 7:01:41 AM
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Perhaps there needs to be greater restrictions about foreign investment in Australia. It comes down to border control.

With a focus on "ethical investment" there may be a disincentive for western companies perhaps to invest in coal. BP for example appears to be placing a greater emphasis on solar power in recent years. Or perhaps an Indian Coal Company may be more successful in exporting to India if that is its final market. In either case we may be getting a bad deal. I suspect that certain countries are better not to engage with on a business level for the interest of Australia. Our natural resources are our future- gold in the vault- mining law seemingly based on precedent of 150 years seems to give resource companies disproportionate rights over our Australian inheritance. A discussion of a mining tax in past years which seemed to attempt to address this view.

We shouldn't throw our cultural inheritance away or allow it to be taken from us.

Individual said-
Australia.. at the doorstep of where it can become a model Nation for a sustainability based economy if the greed factor can be curbed. ..a chance of harnessing common sense &..more self-sufficient.

Answer-
I don't see greed as much of an issue as traitorous acts to our own culture- which can be based on greed. This perhaps is the difference between money earned and money acquired. Money earned involves some mental creativity where as money acquired is basically stealing. A "sustainability based economy"- I assume you mean an economy in which Australia is more self sufficient- rather than an economy that runs on sustainable resources (this is a little complex as previous threads suggest).

The concept of "harnessing common sense & becoming more self-sufficient" is appealing. Everyone needs to "balance their budget" nations need to maintain "balance of trade". We need to focus more on high value added tertiary goods rather than low value added primary goods in our international transactions. Calling them low value goods can be problematic though as it may convince us to sell them at deflated world prices.
Posted by Canem Malum, Saturday, 25 May 2019 6:42:14 AM
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Adani will not only provide 1000s of jobs but will provide $bns in royalty taxes to the state government, and in PAYE, GST, and company tax.

Is is ethical to take away the services that this would provide from the electorate?
Posted by Shadow Minister, Sunday, 26 May 2019 4:43:15 AM
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Dear Shadow Minister,

You wrote;

"Adani will not only provide 1000s of jobs but will provide $bns in royalty taxes to the state government, and in PAYE, GST, and company tax."

God strewth mate you post some tripe.

Come on, Adani not only has a 5 year waiver on royalties once production properly starts they will be holding their hand our for public subsidies for a long time before a drop of tax falls our way. Twiggy bloody Forrester did not pay a single cent of taxes for the first 9 years of operation this is despite his personal wealth topping 14 billion dollars.

"The Federal Government has attacked Fortescue Metals Group (FMG) chairman Andrew Forrest over the revelation his business has never paid company tax."
http://www.abc.net.au/news/2011-11-09/fortescue-mining-company-tax/3655270
Posted by SteeleRedux, Monday, 27 May 2019 8:49:31 PM
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